TGA at R107.43 is trading at a decent discount to Exxaro on a forward earnings basis, though the dividend y…by @julianreins_jse on $TGA

TGA at R107.43 is trading at a decent discount to Exxaro on a forward earnings basis, though the dividend yield gap has tightened considerably as coal demand remains lumpy. The margin profile is what separates them: Thungela's cost structure gives it more downside protection if t